GameStop Issues $950M in Debt to Fund Acquisition

September 8, 2005

Grapevine, Texas, GameStop Corp. said that it plans to issue $950 million in senior notes and senior floating notes to partially finance its purchase of Electronics Boutique Holdings Corp. GameStop is buying Electronics Boutique for about $1.44 billion in cash and stock. The deal, which is expected to close late this month, would give the combined company more than 3,200 stores domestically and 600 international locations.

Newsletter Registration

Solutions Spotlight

The responsibilities of the retail CIO can essentially be boiled down to four major roles: Business Transformer, Customer Expert and Advocate, Technology Visionary and Culture Warrior. In this e-book, Oracle chief communications officer Bob Evans examines how great retail CIOs rise to challenges of fulfilling each role, even as they inevitably gravitate toward one role over the others.